FP 100T Wk 1 Discussion – Personal Financial Planning

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

In this discussion, you will have an opportunity to make connections between your prior knowledge and the new content you are learning this week. Use your results from this week’s “Build Your Proficiency” Diagnostic to provide context for your prior knowledge and consider the new content about personal financial goals, factors that affect our financial decisions, and the economic forces that can impact them as you respond to the following discussion prompt.

Respond to the following in a minimum of 175 words:

Choose two of the study objectives from Chapters 1 and 2 with your lowest scores on the “Build Your Proficiency” Diagnostic. Explain how these topics have an impact on planning for your future financial goals.

What have you learned this week about opportunity cost, compound interest, and the time value of money as they relate to your financial goals?

Use this online calculator to gain a broader perspective on your goals in 10, 20, and 30 years.

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.